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Market rebounding following COVID-19 uncertainty Written By: Erik Kaufman | ×
A sign marks farmland that recently sold in Hanson County. Prices and demand for quality farmland are up, according to a major Nebraska-based land management company. The surge is being fueled by consistent demand for land from farmers as well as a new influx of buyers from non-agricultural interests looking to make a solid investment. (Matt Gade / Republic)
OMAHA, Neb. Prices and demand for agricultural land in South Dakota have been on the rise since the 2020 harvest, according to a recent property sales report by a major Nebraska land management company.
Kevin Schulz
WHAT’S THE COST? Farmers need to know their productions costs, and not only for their entire farm, but also for each parcel of land, to get a good picture of the true value in their operation. Keep in mind the 20-80 rule when managing farm expenses.
Every growing season presents its own set of unknowns, such as weather and markets, and then sprinkle in the unexpected influences, like COVID-19, and it adds up to turmoil for farmers. Still, Jack Davis, South Dakota State University Extension crops business management field specialist, says farmers can prepare themselves for what lies ahead by taking control of their management situation.
Ideal, South Dakota farmers/ranchers Gregory Jorgensen, Deborah Jorgensen, and the late Martin Jorgensen receive full pardons By
1/20/2021 In one of his final acts, President Donald Trump granted full pardons to Gregory and Deborah Jorgensen, and a posthumous pardon to Martin Jorgensen. All are/were from Ideal, South Dakota. The Jorgensen family is well known for cattle production and other agricultural enterprises. “I’d say as far as agriculture is concerned, the Jorgensen family stands out as crown jewels in ag technology,” testified Ben Kantack, a South Dakota State University Extension entomologist at a 1996 trial. The statement from the White House reads: